A condition that affects bottle necking in operations due to outdated systems is known as?

Functional obsolescence refers to a condition where a property or system is no longer able to meet the needs of the users due to outdated design, technology, or features. This often results in inefficiencies, such as bottlenecking in operations, as the systems can’t keep pace with current demands or practices.

In the context of property management, functional obsolescence can manifest when a building lacks modern amenities or fails to utilize the latest technologies, which impacts operational efficiency. An example might be an office building that relies on outdated HVAC systems that require more maintenance and are less energy-efficient compared to newer alternatives. This kind of obsolescence leads to increased operational costs and lower productivity.

The other terms mentioned relate to different types of obsolescence:

• Physical obsolescence pertains to the wear and tear or deterioration of a physical structure over time.

• Economic obsolescence relates to external factors that diminish a property's value, such as changes in the neighborhood or market impacts.

• Market obsolescence generally involves issues affecting the overall market demand for properties, rather than the functional aspects of the property itself.

Thus, functional obsolescence specifically captures the impact of outdated systems on operational efficiency, making it the most fitting choice for the question.